Before granting permission to any applicant to make or conduct such a public solicitation, the City Manager shall require every applicant to file in his office a statement or affidavit, signed by an officer of the applicant, or some other responsible person satisfactory to the City Manager, stating what percentage of the funds collected by such public solicitation are to remain and be used in the City and the percentage of funds collected which are to go elsewhere, the name of the organization which will receive them and the use to which they will be put, and that no persons who are not bona-fide residents of the City will take any part in the public solicitation of funds. The City Manager may also require the applicant to present to him such other information as he, in his judgment, shall deem advisable.
(1961 Code Sec. 531.04)